"Pursuant to the recommendations of the Rangachary report, several taxation issues confronting the IT sector have been addressed.We are also engaged in the resolution of issues pertaining to immigration and visas and trying to improve the hardware ecosystem and are exploring the establishment of two semiconductor water fabrication manufacturing facilities," the Prime Minister said.
Singh said his government had set very ambitious targets for itself in the area of skill development and was working hard to achieve them. "We have taken several initiatives in this area and some of them have involved partnership with the private sector," he said complimenting TCS. The Prime Minister said he expected the proposed global learning centre of the TCS would be the largest facility for IT training in Thiruvananthapuram. It would be able to train around 50,000 associates when fully functional.
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"I am confident that the Centre, which proposes to integrate elegant design, ecological thinking and modern technology, will set global benchmarks for corporate learning institutions," he said. The Prime Minister said he learnt that TCS was setting up a software development Special Economic Zone in the capital city of Kerala. "I hope to see even more initiatives by TCS and other IT companies in Kerala and Thiruvananthapuram in particular, especially in view of the high quality of human resource in
the state," he said.
Singh said TCS was a shining example of the success of Indian private enterprises in the last 20 years and had carved a niche for itself in the global market for IT and IT-enabled services. The company had also set a benchmark for excellence in the area of software development. "Today, TCS ranks among the top ten IT services companies globally. It is not only the highest valued company in India, but also the second most valuable company in the world in the technology and services industry," he said. TCS had also taken up several projects in the areas of education, health and environment. The company had made a significant contribution to education through its adult literacy programme which had covered nearly two lakh beneficiaries.
Singh said the company's BPO employability programme had trained over 22,000 graduates belonging to weaker sections, many of whom had also been provided gainful employment in the company. TCS had also partnered with the National Skill Development Corporation under 'Project Udaan' to upgrade the skill sets of Kashmiri youth and enable their mainstreaming with corporate India, he said. The Prime Minister also said that TCS had used its expertise in IT to develop an integrated Hospital Management System, which was being used by several hospitals and social organisations in the country.
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